220
220
Nov 27, 2012
11/12
by
KQED
tv
eye 220
favorite 0
quote 0
he is calling on rich americans to pay up. >> is warren buffett and out liar in this respect, or will he be able to drag with him -- is warren buffett on the outside in this respect, or will he be able to drive with him others? >> we have seen republican lawmakers start to soften. the key is whether republican donors start to soften, too. we have seen how the rich have a particular ability to lobby for their best interests, and that has been the story in america for the past three decades. this election with a bit of a referendum on that balance of power. we will see if the president has that muscle to push that through. interesting that you mentioned mark carney. he is a hero, in my book. as one of the governors of the bank of canada, he thought -- fought the powers there. >> sure the discussion that america is having now focus on this issue of inequality that you have written about in your book? and will the election results give president obama a mandate to do just that? >> i think it should be part of the discussion. the argument sometimes from conservatives, and also from not jus
he is calling on rich americans to pay up. >> is warren buffett and out liar in this respect, or will he be able to drag with him -- is warren buffett on the outside in this respect, or will he be able to drive with him others? >> we have seen republican lawmakers start to soften. the key is whether republican donors start to soften, too. we have seen how the rich have a particular ability to lobby for their best interests, and that has been the story in america for the past three...
106
106
Nov 27, 2012
11/12
by
KQED
tv
eye 106
favorite 0
quote 0
buffett was becoming warren buffett. and it was a remarkable thing that we were allowed to do and i loved it. >> rose: buffett and loomis for the hour. next. >> rose: warren buffett and carol loomis are here. one of the world's most successful investors and a long time friend of this program. she is the legendary "fortune" magazine writer who followed his career since he was a 35-year-old hedge fund manager from omaha. in 1966 she couldn't even get his name right. she spelled his name with only one "t." it was an unlikely start to a beautiful friendship and to "fortune"'s coverage of the man who we've come to know as a chairman of berkshire hathaway, tap dancing to work is carol loomis' new book, it's a collection of articles telling the remarkable story of warren buffett. it's also a story about friendship. i'm pleased to have them together at this table. welcome. >> thank you. >> rose: so good to have you together. >> terrific. >> i want to talk about the book and about the career and about "fortune" magazine and the r
buffett was becoming warren buffett. and it was a remarkable thing that we were allowed to do and i loved it. >> rose: buffett and loomis for the hour. next. >> rose: warren buffett and carol loomis are here. one of the world's most successful investors and a long time friend of this program. she is the legendary "fortune" magazine writer who followed his career since he was a 35-year-old hedge fund manager from omaha. in 1966 she couldn't even get his name right. she...
65
65
Nov 27, 2012
11/12
by
FBC
tv
eye 65
favorite 0
quote 0
warren buffett's plans tax hike critics claiming that higher rates would not put a freeze on investing. is the oracle of omaha having of false prophecy? 220 men join us with the reaction. egyptian president makes a power grab that could make a feral blush. violent protests break out. will they bring mideast turmoil to new heights? one of the reasons top experts. getting a pink slip for not getting a flu shot. one employer fires all workers refusing to get the flu vaccine. is it legal? could more businesses follow suit? if even when they say it's not, it's always about "money." ♪ melissa: first, let's take a look at the day's market headlines. fiscal cliff years made a comeback and strong retail sales are not enough to offset the concern. the dow closed down 42 points. facebook shares some otherbest in four months. two formerly bearish analysts upgrade their outlook citing increasing revenue from mobile ads. and as our own charlie gasparino first reported, mary schapiro stepping down as chairman of the sec. officially leave office on december 14th. she ran the securities regulator for
warren buffett's plans tax hike critics claiming that higher rates would not put a freeze on investing. is the oracle of omaha having of false prophecy? 220 men join us with the reaction. egyptian president makes a power grab that could make a feral blush. violent protests break out. will they bring mideast turmoil to new heights? one of the reasons top experts. getting a pink slip for not getting a flu shot. one employer fires all workers refusing to get the flu vaccine. is it legal? could...
183
183
Nov 25, 2012
11/12
by
FBC
tv
eye 183
favorite 0
quote 0
>> let me make two respectful points, warren buffett is extremely good businessman says that higher taxes will not impact his decisio to expand or not expand his buildings or factories and second thing, we're had very, very high taxes and very, very high corporate profits at the same time maybe a third thing with all due respect then what's the solution? we cannot keep running the big sits. >> i will say this with respect to the corporate profits. 1 1/2 trillion dollars is sitting outside of this country. a lot of these corporations when you dig through the numbers, every time they report, they're making money outside of this country. gary k, i think that's the point. businesses aren't making money in america, and sometimes, sometimes the public gets a little bewildered because the market's high beau that's not in direct correlation to our economy. >> i use the word potential. i've been saying this for-- it's a few years now, the potential forhis economy keeps getting headwinds, what's the headwinds? the uncertainty out of washington and the potential for higher taxes. we don't have a tax
>> let me make two respectful points, warren buffett is extremely good businessman says that higher taxes will not impact his decisio to expand or not expand his buildings or factories and second thing, we're had very, very high taxes and very, very high corporate profits at the same time maybe a third thing with all due respect then what's the solution? we cannot keep running the big sits. >> i will say this with respect to the corporate profits. 1 1/2 trillion dollars is sitting...
27
27
tv
eye 27
favorite 0
quote 0
buffett i think proportionately owns j.p. morgan shares and he said that at some point recently so do you think that he's trying to suck up to jamie dimon with a statement like this or do you think he wants jamie diamond out of people you were . when i was at morgan i don't know maybe you because your friends are you know that they're crazy he probably really he probably really admires him as a. as a as an arc kleptocrat i mean probably respects jamie diamond's ability to extract wealth from the economy through the banking system he's an adroit at it ok and he was i mean i was exceptional he was what's his name's part of the city so but the one thing i want to point out ok so not only in our terms would be horrible i mean he was at the helm of j.p. morgan where he oversaw that huge london whale trading loss being kind of the most notorious lee you know messed up c.e.o. of the year and that even can be awarded but with timothy geithner at least back in the day when that when the ai g. counterparty news came out to me tree i re
buffett i think proportionately owns j.p. morgan shares and he said that at some point recently so do you think that he's trying to suck up to jamie dimon with a statement like this or do you think he wants jamie diamond out of people you were . when i was at morgan i don't know maybe you because your friends are you know that they're crazy he probably really he probably really admires him as a. as a as an arc kleptocrat i mean probably respects jamie diamond's ability to extract wealth from...
158
158
Nov 28, 2012
11/12
by
FOXNEWSW
tv
eye 158
favorite 0
quote 0
warren buffett when it comes to investing. but, but you got to know your strength and you got to know your weaknesses. that said, i wouldn't take ping-pong lessons from mr. buffett. take a look here. here is another thing i wouldn't do. i wouldn't listen to the oracle of omaha on this. >> ♪ i've been working on the railroad all the live long day ♪ ♪ i've been working on the railroad just to pass the time away ♪ ♪ dinah won't you blow ♪ dinah won't you blow your horn ♪ [ laughter ] >> eric: so now warren buffett wants to weigh in on taxes. politics and americans need to hand over more of our dough. mr. buffett, oh, sage one. put down the ping-pong paddle and the ukulele and the tax plan. the gift is with profit margins, ebidah. the man, fantastic investor, but he is suggesting a minimum tax, to raise etch's wealth. wealthy people's taxes to trickle down to everywhere else. i can't imagine the economy can handle that. >> dana: i have very little patience for the extremely rich who want to make it harder for other p
warren buffett when it comes to investing. but, but you got to know your strength and you got to know your weaknesses. that said, i wouldn't take ping-pong lessons from mr. buffett. take a look here. here is another thing i wouldn't do. i wouldn't listen to the oracle of omaha on this. >> ♪ i've been working on the railroad all the live long day ♪ ♪ i've been working on the railroad just to pass the time away ♪ ♪ dinah won't you blow ♪ dinah won't you blow your horn ♪ [...
94
94
Nov 27, 2012
11/12
by
FBC
tv
eye 94
favorite 0
quote 0
. >> let me ask you about warren buffett. warren buffett saying that there's no tax pledge doesn't work. today, and i would like to play this to you over and over, he responded. take a listen to this. >> i agree with part of it. warren buffett really believe what he said, he could do it any other american who thinks that they are not paying enough xes, he could stop fighting the irs and just start paying for the irs says that he should be paying today. that is one thing. cheryl: that's true. >> if he believes that the federal government is the way we should be spending his money, then he should not have set up that chervil foundation and he should've written a check to the epa and to the federal government. you must inherently believe that it's better that you spend money through charitable trust and have washington spent his money. >> some of your collgues are turning against him. in fact, saxby chambliss is one of them. bob corporal, lindsey graham, i have been in office for a number of years and i never see the need for ra
. >> let me ask you about warren buffett. warren buffett saying that there's no tax pledge doesn't work. today, and i would like to play this to you over and over, he responded. take a listen to this. >> i agree with part of it. warren buffett really believe what he said, he could do it any other american who thinks that they are not paying enough xes, he could stop fighting the irs and just start paying for the irs says that he should be paying today. that is one thing. cheryl:...
111
111
Nov 29, 2012
11/12
by
FBC
tv
eye 111
favorite 0
quote 0
warren buffett changed the debate about u.s. tax reform for his call for the reach to pay more. calling for minimum tax rates for millionaires. are you kidding me? this will not make a dent in the deficit. here to disagree with me is christian dorsey from the economic policy institute. christian, thank you so much for coming back to the show. you are always a spirited debate partner. tell me why you like this. >> i'll tell you, melissa, to me this is not so much about the revenue that it would raise but about the message and principle it stand for, that we can't in this country have a situation where people are making millions of dollars effectively paying lower tax rates than america's middle class families. the principle of this, of this rule is actually what's most important. the revenue that it raises, it is important because it is not chump change but it is not in of itself going to change our deficit conversation but the principle is one that is extremely important. liz: but you're talking about wealthier people. well thinker people pay a higher average tax rate. everybody
warren buffett changed the debate about u.s. tax reform for his call for the reach to pay more. calling for minimum tax rates for millionaires. are you kidding me? this will not make a dent in the deficit. here to disagree with me is christian dorsey from the economic policy institute. christian, thank you so much for coming back to the show. you are always a spirited debate partner. tell me why you like this. >> i'll tell you, melissa, to me this is not so much about the revenue that it...
302
302
Nov 27, 2012
11/12
by
MSNBCW
tv
eye 302
favorite 0
quote 0
you have warren buffett on later today. i think his op-ed in the "new york times" is one of three live options for how you get there. a flat minimum tax for rich people or some cap on deductions, which i think is going to becoming increasingly appealing to lawmakers as they try to solve this or flat out increasing the rates, which is a non-starter for a lot of republicans. i think you're going to see a slightly higher rate with some kind of cap on deductions or alternative minimum tax for rich people. >> a combination of those two. we've got a lot more to talk about with you. monday night football highlights the eagles showing they don't need michael vick to lose a football game. will coach andy reid survive another week? looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. fre
you have warren buffett on later today. i think his op-ed in the "new york times" is one of three live options for how you get there. a flat minimum tax for rich people or some cap on deductions, which i think is going to becoming increasingly appealing to lawmakers as they try to solve this or flat out increasing the rates, which is a non-starter for a lot of republicans. i think you're going to see a slightly higher rate with some kind of cap on deductions or alternative minimum tax...
136
136
Nov 27, 2012
11/12
by
FBC
tv
eye 136
favorite 0
quote 0
to another $50,000 gets you nowhere fast. >> even warren buffett says. cheryl: depending on where you live we deal with middle-class americans broke talk about the estate tax. doable for december? -- do it before december? >> call your state planner. be proactive. cheryl: 51 to leave something do it before the end of the year? >> any plans to give money away do with this year. some things you can control. dennis: not ending our life early. [laughter] what do i know? [laughter] cheryl: coming up tomorrow fox business anchor gerri willis will have more on what you need to do to get your house in order printout down 11 points. 12,955. >> breaking news. looking at the market's dow jones industrial average in the red down 12 points ann the s&p are also higher. the looking at the stock on the move looking at crocs they are up 7.5% it is rated at dubai at goldman sachs sachs -- a buy from goldman sachs looking at the entire group and locker they like those names. i showed you steve mad and they put a sell rating on that. of the they talk about visibility for ea
to another $50,000 gets you nowhere fast. >> even warren buffett says. cheryl: depending on where you live we deal with middle-class americans broke talk about the estate tax. doable for december? -- do it before december? >> call your state planner. be proactive. cheryl: 51 to leave something do it before the end of the year? >> any plans to give money away do with this year. some things you can control. dennis: not ending our life early. [laughter] what do i know? [laughter]...
165
165
Nov 26, 2012
11/12
by
CNBC
tv
eye 165
favorite 0
quote 0
warren buffett renewing his call for a millionaire's tax. our next guest says you can raise taxes all day and not make a dent in the debt without doing one more thing. >>> later, the battle inside the democratic caucus. how ways and means senator levin explaining why democrats willing to jump off the cliff are making a huge mistake. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 all this with no trade minimums. tdd#: 1-800-345-2550 and only $8.95 a trade. tdd#: 1-800-345-2550 open an account with a $50,000 deposit, tdd#: 1-800-345-2550 and get 6 months commission-free trad
warren buffett renewing his call for a millionaire's tax. our next guest says you can raise taxes all day and not make a dent in the debt without doing one more thing. >>> later, the battle inside the democratic caucus. how ways and means senator levin explaining why democrats willing to jump off the cliff are making a huge mistake. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from...
139
139
Nov 28, 2012
11/12
by
CURRENT
tv
eye 139
favorite 0
quote 0
warren buffett. basically this artificial deadline is not a cliff. it is a slope. the bottom line is we've got to get a good deal. something that is sustainable and durable and not hit the panic button and then try to spin what is a bad deal as a good deal because that won't be sustainable after january 1st. >> eliot: that's not only correct on substance. unless we say that, the other side will stick us up and hold us to the deadline and get us to flinch at the end which unfortunately has been the history of the white house in the last couple of years. your wisdom there, i hope they're listening loud and clear to you congressman. >> thank you. >> eliot: congressman peter welch, democrat from vermont thank you for your time. >> thanks, eliot. >> eliot: for more on grover norquist apparent diminishing influence, i'm joined by lobbyist jack abrom off the author of "capitol punishment." jack, thank you for joining us. >> thanks for having me. >> eliot: look, are you dealing and are you a defender of grover norquist but you must admit there is a new reality taking hold
warren buffett. basically this artificial deadline is not a cliff. it is a slope. the bottom line is we've got to get a good deal. something that is sustainable and durable and not hit the panic button and then try to spin what is a bad deal as a good deal because that won't be sustainable after january 1st. >> eliot: that's not only correct on substance. unless we say that, the other side will stick us up and hold us to the deadline and get us to flinch at the end which unfortunately has...
160
160
Nov 26, 2012
11/12
by
FBC
tv
eye 160
favorite 0
quote 0
let's have income tax, 15%, gift taxes, 15%, let's make sure that warren buffett finally starts paying at least as much as his secretary, in the percentage, and, what has been proposed, here, by the president, will not have warren buffett paying the same as his secretary, in percentage. let's have a flat tax, lou. let's take the president at his word. if you make more you will pay more and this is the only way that that is going to happen. >> lou: you know i believe the speaker boehner, perhaps the president himself may have been talking to you, talking to steve forbes and others who talked about the possibility of reforming the entire tax code. that could -- >> this is a great time. you know, the kind of time... and, not only that, let's don't forget the last time that the senate had a budget, it was when harry reid worked with his friend, speaker pelosi and nobody in the 2008 budget complained that it wasn't spending enough money. let's go back to 2008. $2.5 trillion, and cuts off a trillion in spending, right there. >> lou: there are all sorts of ways to get there, as you suggest he
let's have income tax, 15%, gift taxes, 15%, let's make sure that warren buffett finally starts paying at least as much as his secretary, in the percentage, and, what has been proposed, here, by the president, will not have warren buffett paying the same as his secretary, in percentage. let's have a flat tax, lou. let's take the president at his word. if you make more you will pay more and this is the only way that that is going to happen. >> lou: you know i believe the speaker boehner,...
192
192
Nov 27, 2012
11/12
by
FOXNEWSW
tv
eye 192
favorite 0
quote 0
warren buffett says $500,000 should be the threshold. why is the president saying it's $250,000 or i am not signing it? >> kimberly: it's campaign promises. that is his political ideolog ideology. instead of what is best for the country. >> eric: put you on the spot -- >> kimberly: the math shows it won't make a difference. why is he doing it in any way? because he said he would. not good enough reason. obligation to the country. >> bob: he said he wouldn't allow tax cuts to go for people making that money. i think that between that and entitlement reform you will get a deal. >> eric: let me ask this question. i call grover norquist, what is going on here? he said read between the lin lines. only when democrats put up their end of the bargain they would negotiate. if they do, they can change the rate and close a loophole and they will violate a no norquist pledge. should they? violate the pledge they won on and run on and may change the tune. >> dana: i never liked pledges about anything. i think when you get elec elected -- right. pledg
warren buffett says $500,000 should be the threshold. why is the president saying it's $250,000 or i am not signing it? >> kimberly: it's campaign promises. that is his political ideolog ideology. instead of what is best for the country. >> eric: put you on the spot -- >> kimberly: the math shows it won't make a difference. why is he doing it in any way? because he said he would. not good enough reason. obligation to the country. >> bob: he said he wouldn't allow tax...
69
69
Nov 27, 2012
11/12
by
FBC
tv
eye 69
favorite 0
quote 0
warren buffett takes on grover norquist. who is right? former cbo director douglas cosecant joins us next. okay, that looks great... [ camera flash ] were you profitable last m mont? how much money is in your checking account? have the browns paid you for their addition yet? your finances are scattered all over the place. what are your monthly expenses? you keep your receipts in plastic baggies? seriously? [ announcer ] get it done and get it off your mind... with quickbooks. organize your small business finances... all in one place. quickbooks pulls in information from other sources. evennline banking and customer information. visit tryqckbooksfree.com today to start for free. and now your business can be at your fingertips, anywhere, with the convenient mobile app. from creating customized invoices, to tracking sales and expenses, quickbooks can help you manage... every detail of your business. and at tax time, all your records... will be automatilly organized and ready to go, saving you time on prep work. quickbooks, guaranteed easy or
warren buffett takes on grover norquist. who is right? former cbo director douglas cosecant joins us next. okay, that looks great... [ camera flash ] were you profitable last m mont? how much money is in your checking account? have the browns paid you for their addition yet? your finances are scattered all over the place. what are your monthly expenses? you keep your receipts in plastic baggies? seriously? [ announcer ] get it done and get it off your mind... with quickbooks. organize your...
167
167
Nov 22, 2012
11/12
by
CNNW
tv
eye 167
favorite 0
quote 0
you're talking about the people who initially are going to get, teresa heinz kerry, warren buffett, people who have massive amounts of money. they're hit the hardest, right? >> absolutely. the proposal i wrote had an exemption for households up to $500,000 in wealth that, is exempting 80% of american households right there. >> how did you draw that line? i can imagine there is all kinds of cheating that is going to happen around that line. or even on the bentley. people are going to say it has dents and not worth very much money. how do you avoid that? >> we have a lot of cheating right now with income tax. so we might to have a higher exemption. we might to have to have slightly higher rates. i think overall fighting wealth inequality is so important. it is really wealth, not income that, affects your access to opportunity and our wealth inequality is so extreme that it's hurting our living standards in the long run. >> and 500,000, that was an arbitrary number. why did you pick that? >> well, like i said, it already exempts about 80% of american households. if you want to make a dent in
you're talking about the people who initially are going to get, teresa heinz kerry, warren buffett, people who have massive amounts of money. they're hit the hardest, right? >> absolutely. the proposal i wrote had an exemption for households up to $500,000 in wealth that, is exempting 80% of american households right there. >> how did you draw that line? i can imagine there is all kinds of cheating that is going to happen around that line. or even on the bentley. people are going to...
204
204
Nov 29, 2012
11/12
by
FOXNEWSW
tv
eye 204
favorite 0
quote 0
with all due respect to warren buffett, a boost to the middle-class is raising tax rates on the rich? >> sean: why don't they give it to the government if they think it's a moral imperative? >> i don't know what he's trying to drive in this country right now. businesses are unwilling to spend, capital expenditures are down, people are unwilling to hire. the level of uncertainty in this country is downright scary. >> that's right. it's not going away anywhere soon. we're changing the face of america, and so now it's about the equality of outcome, that we need to level and equalize everybody. that's what occupy wall street is all about. that's what president obama is all about. >> sean: one analogy, almost like you have two parents representing the two parties. one party says you can play all the xbox you want, endless tv, you don't have to do your homework. the republican party says we got to balance your budget, eat your spinach and broccoli, turn off the tv and do your homework. if i'm a kid, i want the xbox. >> that's right. >> in obama's final term, we have to know how he'll define
with all due respect to warren buffett, a boost to the middle-class is raising tax rates on the rich? >> sean: why don't they give it to the government if they think it's a moral imperative? >> i don't know what he's trying to drive in this country right now. businesses are unwilling to spend, capital expenditures are down, people are unwilling to hire. the level of uncertainty in this country is downright scary. >> that's right. it's not going away anywhere soon. we're...
208
208
Nov 27, 2012
11/12
by
FBC
tv
eye 208
favorite 0
quote 0
warren buffett takes on grover norquist. who is right? former cbo director douglas cosecant joins us next. ♪ lou: well, we are going to be assessing what is happening with the fiscal cliff, negotiations, talks tomorrow waste of time between the principal so-called in washington d.c. talking with former congressional budget office director douglas hopes he can hear in moments. first the "moneyline". lori ruined the day on wall street. concerns about the deep discounts being offered by retailers on black friday. worries about the fiscal cliff, greece of combining for a market that pretty much went nowhere today. the dow jones industrials down 42. as into down treatment nasdaq rose ten. the sixth day in a row in which the nasdaq has gained. light trading on the big board. concerns about increases in taxes on dividends for the high-yield dividend stocks of late. today at&t and verizon down, both with dividend yields of just about 5%. most retailers lower on the day despite good news on the holiday shopping weekend. target and walmart among
warren buffett takes on grover norquist. who is right? former cbo director douglas cosecant joins us next. ♪ lou: well, we are going to be assessing what is happening with the fiscal cliff, negotiations, talks tomorrow waste of time between the principal so-called in washington d.c. talking with former congressional budget office director douglas hopes he can hear in moments. first the "moneyline". lori ruined the day on wall street. concerns about the deep discounts being offered...
105
105
Nov 22, 2012
11/12
by
CNNW
tv
eye 105
favorite 0
quote 0
buffett, that's who will be hit the hardest? >> absolutely. the proposal had an exemption of proposals with up to $500,000 in wealth. that exempts most households right there. >> how did you draw that line? even on the bentley, people will say it has dents and it's not worst much. how do you have that? >> we have a lot of cheating with income tax and with a wealth tax, i'm sure people would try to cheat on that as well. we might have to have high slightly higher rates. but fighting wealth in equality is so important, bought that's what affect your opportunity and our wealth inequality is hurting were living standard in the long run. >> 500,000, why did you pick that? anything under that, you won't get taxed, above it, you are. >> it already exempts about 80% american households. if you want to make a debt in inequality, you have to have a progressive tax system, and this is a way to do it. >> let us know what you think. trying to be proactive here and help solve the problem. help those guys in washington now. >>> israel why and
buffett, that's who will be hit the hardest? >> absolutely. the proposal had an exemption of proposals with up to $500,000 in wealth. that exempts most households right there. >> how did you draw that line? even on the bentley, people will say it has dents and it's not worst much. how do you have that? >> we have a lot of cheating with income tax and with a wealth tax, i'm sure people would try to cheat on that as well. we might have to have high slightly higher rates. but...
218
218
Nov 26, 2012
11/12
by
MSNBCW
tv
eye 218
favorite 0
quote 0
but if you're a long-term investor -- remember, warren buffett is very bullish on u.s. stocks because he believes in company. this could be a buying opportunity because things have drop add lot. >> well, stephanie, speaking of warren buffett hr, he had an op, sort of laying the idea that the've wealthy would throw a hissy fit, would not invest if they were to increase a couple of points. he wrote, so let's forget about the rich and ultra rich going on strike and stuffing their ample funds under their mattresses if, gasp, capital gaines rates and yord nan income rates are increased. the ultra rich, including me, will forever pursue investment opportunities. why is there such a hang-up even to the point that republicans have signals willingness to find revenue in other places as lodge as they do not actually increase the rates? >> i think the hang-up is broader than that. and what mr. buffet is asking for simplicity. as far as investors go, they simply want things to be resolved because again unless there's clarity in the future, you're just not going to see much happenin
but if you're a long-term investor -- remember, warren buffett is very bullish on u.s. stocks because he believes in company. this could be a buying opportunity because things have drop add lot. >> well, stephanie, speaking of warren buffett hr, he had an op, sort of laying the idea that the've wealthy would throw a hissy fit, would not invest if they were to increase a couple of points. he wrote, so let's forget about the rich and ultra rich going on strike and stuffing their ample funds...
201
201
Nov 29, 2012
11/12
by
MSNBCW
tv
eye 201
favorite 0
quote 0
what about warren buffett's idea of the 30% minimum tax? because obviously, if you're worth hundreds of millions of dollars, you're going to have the best accountants and tax lawyers. what if you have just a flat 30% tax rate for millionaires and billionaires? is that -- is that a way forward? >> it's absolutely a way forward. and i think it should be part of any proposal. >> wait. and i said flat. i'm sorry, let me correct myself. i mean a minimum. we're talking about a minimum tax. if you make a million or more, it doesn't matter how you made it. you're going to be paying 30% to the government. >> and that is, in my mind, an absolutely important part of a proposal. it is about a $100 billion item plus or minus depending on what you're comparing it to. it makes a meaningful contribution to the $1.2 trillion we need, but you've got to do a lot of other stuff to still get there. >> to buffett's point, howard, the capital gains argument -- i said this in the earlier hour -- that somehow, by raising it from 15% to 28% in any way diminishes inv
what about warren buffett's idea of the 30% minimum tax? because obviously, if you're worth hundreds of millions of dollars, you're going to have the best accountants and tax lawyers. what if you have just a flat 30% tax rate for millionaires and billionaires? is that -- is that a way forward? >> it's absolutely a way forward. and i think it should be part of any proposal. >> wait. and i said flat. i'm sorry, let me correct myself. i mean a minimum. we're talking about a minimum...
22
22
tv
eye 22
favorite 0
quote 0
buffett think would make a great treasury secretary charlie rose asked. according to me diamonds are good trades well i think either you or me to him and are going to be i think you'd be terrific because i think he i think he if we did run into problems with markets i think he would actually be the best person you could have been you know. what are we in an alternative alternate universe the london whale commander in chief would be a great person to graduate to the treasury oh my let's get to today's capital account . the directory that the us has been on printing money expanding the fed's balance sheet making money free since the financial crisis how some pundits are predicting hyper inflation but a funny thing happened on the way to hyper inflation the u.s. dollar index instead of collapsing has gained value since two thousand and eleven instead of seeing interest rates spike we've seen u.s. treasury yields collapse by over sixty percent since the two thousand and eight crisis to a new record lows and we've seen these trends in the face of a public debt
buffett think would make a great treasury secretary charlie rose asked. according to me diamonds are good trades well i think either you or me to him and are going to be i think you'd be terrific because i think he i think he if we did run into problems with markets i think he would actually be the best person you could have been you know. what are we in an alternative alternate universe the london whale commander in chief would be a great person to graduate to the treasury oh my let's get to...
407
407
Nov 26, 2012
11/12
by
MSNBCW
tv
eye 407
favorite 0
quote 0
warren buffett, jake tapper and tom colicchio. what's next? >> "the daily rundown." >>> president obama may be fighting some senate republicans willing to back a fiscal compromise. can speaker boehner find enough support
warren buffett, jake tapper and tom colicchio. what's next? >> "the daily rundown." >>> president obama may be fighting some senate republicans willing to back a fiscal compromise. can speaker boehner find enough support
130
130
Nov 26, 2012
11/12
by
MSNBCW
tv
eye 130
favorite 0
quote 0
. >> before we get out of here, warren buffett, the op-ed in the "new york times" and we all know in the past he said he personally would welcome a tax hike. >> right. >> here is a snippet from this morning. forget about the rich and ultra rich going on strike and stuffing their ample funds under their mattress if gas, capital gains rates, and ordinary income rates are increased, the ultra rich including me will forever pursue investment opportunities. where is the room for the gop to continue to argue against taxing the rich at a higher rate. >> there really isn't for a whole host of reasons not the least of which is politically speaking it doesn't make sense. the study you talked about at the beginning, here is what a lot of people don't realize. for many americans the way they do christmas, they take out a loan. that's how they pay for christmas presents hoping the tax return that they get back, the money they get back from the taxes will be able to pay off that loan. that's how a lot of americans are living their lives. i think the republicans have got to recognize they can no lo
. >> before we get out of here, warren buffett, the op-ed in the "new york times" and we all know in the past he said he personally would welcome a tax hike. >> right. >> here is a snippet from this morning. forget about the rich and ultra rich going on strike and stuffing their ample funds under their mattress if gas, capital gains rates, and ordinary income rates are increased, the ultra rich including me will forever pursue investment opportunities. where is the...
190
190
Nov 27, 2012
11/12
by
MSNBCW
tv
eye 190
favorite 0
quote 0
the white house's pr campaign is being buoyed along by warren buffett who is voicing support for tax hikes for americans just like him. >> i think it would have a great effect in terms of the morale of the middle class who have seen themselves paying high payroll taxes, income taxes and then watched guys like me end up paying a rate that's below that, you know, paid by the people in my office. >> joining me now is wisconsin's republican senator ron johnson. senator, it's great to have you with us this morning. and as we talk about what's taking place in washington, d.c. right now, the million dollar question is all concerns around senators lindsey graham, saxby chambliss, congressman peter king among other republicans who said they'd be willing to break away from grover norquist's anti-tax pledge. will you say if you're willing to break that pledge in order to save the country from the fiscal cliff. >> hello, thomas. and first of all, i signed that pledge two years ago, and the reason i signed it is because i think increasing tax rates, increasing the amount of money that the federal
the white house's pr campaign is being buoyed along by warren buffett who is voicing support for tax hikes for americans just like him. >> i think it would have a great effect in terms of the morale of the middle class who have seen themselves paying high payroll taxes, income taxes and then watched guys like me end up paying a rate that's below that, you know, paid by the people in my office. >> joining me now is wisconsin's republican senator ron johnson. senator, it's great to...
172
172
Nov 27, 2012
11/12
by
MSNBCW
tv
eye 172
favorite 0
quote 0
who are now paying so much less, paying what mitt romney paid, paying what warren buffett pays, 14 or 16%, because of capital gains and other investments, what about a minimum tax that would require them to pay 35%? >> the president has supported the buffet principle for a long time and his state of the union address last year, he supported buffet rule which would set a minimum tax for those who are the most wealthy. but we have a set of problems we need to address. and this requires a comprehensive solution and most importantly, we need to collect additional revenue from the most fortunate which includes raising tax rates to where they were during the clinton years. >> similarly, what about revisiting simpson-bowles? a lot of people are talking about the framework, a lot of work has been done, are there means testing, further means testing of medicare, for instance, or other kinds of delayed medicare enactment, you know, sliding the age, for instance, kicks in other ways to try to down the road at least realize some real money? >> well, i think the best solution would be one that not
who are now paying so much less, paying what mitt romney paid, paying what warren buffett pays, 14 or 16%, because of capital gains and other investments, what about a minimum tax that would require them to pay 35%? >> the president has supported the buffet principle for a long time and his state of the union address last year, he supported buffet rule which would set a minimum tax for those who are the most wealthy. but we have a set of problems we need to address. and this requires a...
122
122
Nov 26, 2012
11/12
by
MSNBCW
tv
eye 122
favorite 0
quote 0
meanwhile, in "the new york times," warren buffett takes a dig at norquist and others while making his case for a minimum tax on the wealthy. the oracle of omaha writes, "let's forget about the rich and the ultrarich going on strike and stuffing their ample funds under their mattresses if -- gasp -- capital gains rates and ordinary income rates are increased." >>> after weeks of criticism over u.n. ambassador susan rice, senator john mccain who vowed to block her potential nomination as secretary of state appears to be backing off that threat. >> she could conceivably get your vote for secretary of state? >> i think she deserves the ability and the opportunity to explain herself and her position, just as she said. >>> actor ben affleck has long been involved in efforts to help the victims of war-torn eastern congo. on sunday he talked about his call for the u.s. to take a more active role. >> i think our actions in foreign policy, and maybe i'm naive, represent our values and represent who we are. and if any american were to go to that country and stand and see what was happening there
meanwhile, in "the new york times," warren buffett takes a dig at norquist and others while making his case for a minimum tax on the wealthy. the oracle of omaha writes, "let's forget about the rich and the ultrarich going on strike and stuffing their ample funds under their mattresses if -- gasp -- capital gains rates and ordinary income rates are increased." >>> after weeks of criticism over u.n. ambassador susan rice, senator john mccain who vowed to block her...
150
150
Nov 28, 2012
11/12
by
CNBC
tv
eye 150
favorite 0
quote 0
warren buffett talking about going over. probably going to happen in january. i feel like we're going to go over. you can meet with all of the ceos you want to. doesn't really matter. 200,000 people in a room. doesn't really matter. norquist saying don't have a deal. have to raise taxes. democrats don't seem to favor lowered defense budget and favor higher taxes for the rich and so we're done. i think we're done. >> after durbin speoke yesterda, if you're going to get a blueprint, he doesn't want entitlements be part of it for next year. >> it's the 1,000-point solution. maybe that will change their mind. durbin said no. norquist is saying no tax increase. what else is there? am i missing something? what am i missing? blankfe >> stallen made a lot of sense. mass murderer about you doesn't mean he didn't make sense. >> blankfein, kent, mayer, roberts of comcast. is there anything these guys can say to change their tune? to get people -- >> we're just past thanksgiving. let's give it a little time. things can change. we've seen lots of back and forth. everybody i
warren buffett talking about going over. probably going to happen in january. i feel like we're going to go over. you can meet with all of the ceos you want to. doesn't really matter. 200,000 people in a room. doesn't really matter. norquist saying don't have a deal. have to raise taxes. democrats don't seem to favor lowered defense budget and favor higher taxes for the rich and so we're done. i think we're done. >> after durbin speoke yesterda, if you're going to get a blueprint, he...
89
89
Nov 26, 2012
11/12
by
FBC
tv
eye 89
favorite 0
quote 0
warren buffett says raise tax rates on incomes over a half million dollars, that's a shift. but the president and democrats are not moving and they still say raise tax rates on the rich. on-line shopping, a very big winner and very big for retailers. 13% better than last year overall. today, on-line sales may run close to 2 billion dollars. will it last through the holidays? we've got another north african economy in absolute chaos. egypt torn by rioting after morsi takes dictatorial powers. they really need our money now. watch out, everybody, "varney & company" is about to begin. get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement peopl who are paid on sary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> as we said, call it a cave. call it a shift. call i
warren buffett says raise tax rates on incomes over a half million dollars, that's a shift. but the president and democrats are not moving and they still say raise tax rates on the rich. on-line shopping, a very big winner and very big for retailers. 13% better than last year overall. today, on-line sales may run close to 2 billion dollars. will it last through the holidays? we've got another north african economy in absolute chaos. egypt torn by rioting after morsi takes dictatorial powers....
74
74
Nov 23, 2012
11/12
by
FBC
tv
eye 74
favorite 0
quote 0
if he feels that way and warren buffett and these guys feel that way get your checkbook and show us what occurs. stuart: to fire about patriotic millionaires, a lot of people fired about the facebook page. we told you we were going into triple digits. the dow is up 100 points and there is light volume today. big money people can move the market and apparently, let's go to robert gray. robert: the tech outpacing the broader market. tech stocks in the s&p down leading the charge and it is down below $9 with a disappointing earnings just a week ago and certainly ramping into the black holiday and shopping for electronic gadgets. michael dell said the windows 8 launch last month, giving consumers a real reason to upgrade in several years. the touch screen technology, convertible and hybrid, basically tablets', laptops at the same time to have a built in keyboard, this new technology is a new wow factor for the holidays. stock we should remind you down 35% year to date but it is up 7% this week alone. dave: back to neutral. thank you very much. there is still a cease-fire in gaza right now bu
if he feels that way and warren buffett and these guys feel that way get your checkbook and show us what occurs. stuart: to fire about patriotic millionaires, a lot of people fired about the facebook page. we told you we were going into triple digits. the dow is up 100 points and there is light volume today. big money people can move the market and apparently, let's go to robert gray. robert: the tech outpacing the broader market. tech stocks in the s&p down leading the charge and it is...
226
226
Nov 26, 2012
11/12
by
MSNBCW
tv
eye 226
favorite 0
quote 0
and in today's times, i think warren buffett also suggested to raise it to $500,000, not $250,000. so that could be more palatable, too, to upper middle class people. they'll get a break up to $500,000. but it's very hard once you hit the million-dollar bracket to say, oh, no, no, we're going fro text those people. clearly these republicans are seeing the same poll numbers that obama is seeing, that this is not where the american people are right now. >> it's interesting you bring up the poll numbers. keith, let me bring you in on these. we know a exit poll combines. our first read team points out a republican pollster david winston says 61% say the better way to raise revenue is closing loopholes and reforming the tax code and they're seeing some republicans look at that particular poll over the one we've ma jorlly talked about, which is the exit polling. >> i wonder if these are the same republican pollsters who said romney is going to win in a landslide. >> touche, touche. >> you have to take this with grain of salt. the reality is the american people knew what barack obama was
and in today's times, i think warren buffett also suggested to raise it to $500,000, not $250,000. so that could be more palatable, too, to upper middle class people. they'll get a break up to $500,000. but it's very hard once you hit the million-dollar bracket to say, oh, no, no, we're going fro text those people. clearly these republicans are seeing the same poll numbers that obama is seeing, that this is not where the american people are right now. >> it's interesting you bring up the...
156
156
Nov 25, 2012
11/12
by
CNNW
tv
eye 156
favorite 0
quote 0
warren buffett, self-developer and one of the world's richest men, says yes. >> we have building supply companies and we're seeing prices moving up somewhat, we're seeing demand improve, we're seeing the overhang of houses diminish, so we're coming back. >>n the other hand, the former federal reserve chairman alan greenspan told me, don't get excited yet. >> what's happening is real, it's slow, but we can exaggerate how big it is but it's certainly going in the right direction. >> joining me now is chris mayer, he's the professor and mayor of business school. jonathan, let me start with you. median home prices have risen for eight months in a row. the shiller index is up five months in a row. you say don't look at these prices so much. >> i think home prices is the worst thing to look at. the reason we're seeing prices uptick is we're seeing foreclosure activity at a lighter level than it would have been. banks discovered during the process while they held back on foreclosures, short sales were the way to go a couple years ago. we have a lot less distressed property in the mix right now
warren buffett, self-developer and one of the world's richest men, says yes. >> we have building supply companies and we're seeing prices moving up somewhat, we're seeing demand improve, we're seeing the overhang of houses diminish, so we're coming back. >>n the other hand, the former federal reserve chairman alan greenspan told me, don't get excited yet. >> what's happening is real, it's slow, but we can exaggerate how big it is but it's certainly going in the right...
246
246
Nov 26, 2012
11/12
by
CNNW
tv
eye 246
favorite 0
quote 1
it comes on the same day warren buffett writing in the "new york times" in an op-ed saying rich is $500,000 a year, and let's tax them. let's have a 30% minimum tax for the income above $1 million of rich people. look what he said here. the "forbes" 400, wealthiest individuals in america hit a new group record. $1.7 trillion, more than five times the $300 billion total in 1992. he says you know, my gang has done pretty well. so leave the middle class alone. and so these two kind of the 1-2 punch from the white house perspective, at least, today on what we should be doing in debt talks. >> buffett is interesting. he said he doesn't think it will be that big a deal if we go off the cliff. >> he says don't worry about raising taxes on investments and income from investments. he said, i will do a good deal, because it's a good deal. not because my taxes are going to be a certain rate. so he has pounded this -- beat this drum for some time. but this is the white house, the latest from the white house on the fiscal cliff and how it would hurt the middle class. >> christine romans, great to see yo
it comes on the same day warren buffett writing in the "new york times" in an op-ed saying rich is $500,000 a year, and let's tax them. let's have a 30% minimum tax for the income above $1 million of rich people. look what he said here. the "forbes" 400, wealthiest individuals in america hit a new group record. $1.7 trillion, more than five times the $300 billion total in 1992. he says you know, my gang has done pretty well. so leave the middle class alone. and so these two...
172
172
Nov 26, 2012
11/12
by
MSNBCW
tv
eye 172
favorite 0
quote 0
do the markets care when you see the ceos and some of the wealthier people, including warren buffett today in the "times" saying, look, we have got to raise revenues by raising some taxes on wealthy individuals. we saw that from both buffet and radner, very prom negligent well-known financiers but ultimately endorsing what sounds like the obama position. do the markets look to those steps the way we do in politics and say this is more likely to get done or does it not work that way? >> look, the market is hanging on every single development in these negotiations. a couple of days ago leaders came out of the white house and said they had a pretty conciliatory meeting and everything seemed hunky dory at least in that one meeting and the market boomed. people are watching and waiting to see what's happened here. you've got a split on wall street. there are those folks who don't want to see tax increases no matter what under any circumstances ever. and then you have other folks like lloyd blankfein who said they don't mind tax increases on the wealthy as long as it helps us to get to a d
do the markets care when you see the ceos and some of the wealthier people, including warren buffett today in the "times" saying, look, we have got to raise revenues by raising some taxes on wealthy individuals. we saw that from both buffet and radner, very prom negligent well-known financiers but ultimately endorsing what sounds like the obama position. do the markets look to those steps the way we do in politics and say this is more likely to get done or does it not work that way?...
113
113
Nov 26, 2012
11/12
by
MSNBCW
tv
eye 113
favorite 0
quote 0
and in today's "new york times" warren buffett calls for a, quote, minimum tax for the wealthy writing let's not forget about the rich and ultra rich going on strike. capital gains rates and ordinary income rates are increased. the ultra rich, including me, will forever pursue investment opportunities. buffett calls for the cutoff point to increase from $250,000 to $500,000, by the way. defensem democrats are facing pressure from interest groups who oppose changes to medicare and social security like this one from the aarp. >> some politicians think medicare and social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future of these programs into a last-minute budget teal, we'll all pay the price. >> and there's your potential pressure from the left. gop negotiators have put adjusting the measure of inflation which determines social security benefits back on the table, something the president had agreed to in 2011. majority leader harry reid has ruled that out this time and the number two
and in today's "new york times" warren buffett calls for a, quote, minimum tax for the wealthy writing let's not forget about the rich and ultra rich going on strike. capital gains rates and ordinary income rates are increased. the ultra rich, including me, will forever pursue investment opportunities. buffett calls for the cutoff point to increase from $250,000 to $500,000, by the way. defensem democrats are facing pressure from interest groups who oppose changes to medicare and...